In a meeting at United Nations, President of France, Emmanuel Macron according to an international media said that global leers have agreed on September 23 to set aside funds worth $500 million to protect tropical rainforests including Amazon which were recently destroyed with raging wildfires. This session was reportedly missed by Brazil. French President also called out or countries to increase ir contribution to Green Climate Fund. 

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Amazon Forest Fires

world's largest tropical rainforest, Amazon is facing worst wildfires since 2010 which initiated a global outr. se wildfires could also affect demand for Brazil's exports. leers of G7 countries h offered an emergency aid of $20 million in August to help Brazil in tackling fires. This gesture, however, was criticized by Brazil leer. Purportedly, Secretary-General of United Nations, Antonio Guterres said on Monday that it is imperative on a global level to stop deforestation and restore of degred forests. Guterres believes that for every dollar spent on restoration of forests will be recouped with ecomic benefits worth $30 and help in decreasing poverty. However, environmentalists have been blaming people who carry out deforestation in Amazon forests for commercial use to cause largest series of wildfires. Amazon rainforests are essentially called 'lungs of world'. 

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Macron for climate

French President reached out to a wider alliance to protect rainforests in world in 74th United Nations General Assembly in New York. According to an international ncy, France, Chile and Columbia also met during annual garings on September 23. se meetings were organized despite absence of Jair Bolsonaro, President of Brazil who promotes development in Amazon rainforests. Macron even mentioned that everyone wants to work with Brazil because work on climate requires an inclusive approach. Reportedly, French president will contribute $100 million out of total $500 million funds.  Prime Minister of United Kingdom, Boris Johnson also said that deforestation is main cause of species extinction and undermining livelihood of millions of people. 

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(With ncy inputs)